Hormel Foods makes Fortune 500 list

Published 12:00 am Monday, April 1, 2002

The Associated Press

NEW YORK – Minnesota companies on the Fortune 500 ranking of the nation’s largest companies compiled by Fortune magazine on the basis of 2001 revenue, broken down by state.

Monday, April 01, 2002

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NEW YORK – Minnesota companies on the Fortune 500 ranking of the nation’s largest companies compiled by Fortune magazine on the basis of 2001 revenue, broken down by state.

Each entry includes rank nationwide, name of company, headquarters, last year’s ranking, and 2001 revenue in billions of dollars:

34. Target, Minneapolis, 37, $39.888

84. UnitedHealth Group, Minnetonka, 91, $23.454

86. Supervalu, Eden Prairie, 97, $23.194

121. U.S. Bancorp, Minneapolis, 268, $16.443

126. Minnesota Mining & Manufacturing, Maplewood, 118, $16.079

131. Best Buy, Eden Prairie, 156, $15.326

137. Xcel Energy, Minneapolis, 166, $15.028

194. Northwest Airlines, Eagan, 170, $9.905

218. St. Paul Cos., St. Paul, 222, $8.943

244. Cenex Harvest States, Inver Grove Heights, 223, $7.875

264. General Mills, Golden Valley, 278, $7.077

318. Medtronic, Fridley, 349, $5.551

392. Hormel Foods, Austin, 452, $4.124

395. Nash Finch, Edina, 416, $4.107

485. PepsiAmericas, Minneapolis, new to list. $3.170

495. C.H. Robinson Worldwide, Eden Prairie, new to list, $3.090

Two Minnesota companies that were on last year’s list dropped off this year: ADC Telecommunications, of Minnetonka, which had been ranked 486th, and Lutheran Brotherhood, of Minneapolis, which was 497th.